The Importers and Exporters Association of Ghana (IEAG) has commended the Bank of Ghana (BoG) for policies credited with stabilising the cedi and strengthening the country’s macroeconomic outlook.
Led by Executive Secretary Samson Awingobit Asaki, the IEAG leadership paid a courtesy call on Governor Dr. Johnson Pandit Asiama at the Bank Square. The delegation was received by the Second Deputy Governor, Mrs. Matilda Asante-Asiedu.
The Association acknowledged the Bank’s monetary measures, which have eased exchange rate pressures and created a more predictable environment for trade and investment. It also stressed the need for further policy support to resolve outstanding challenges facing the import and export sector.
Governor Asiama reaffirmed the central bank’s commitment to supporting the business community, underscoring the role of monetary stability in promoting growth.
The meeting comes at a time when the cedi has recorded significant stability against major trading currencies, easing import costs and helping moderate inflationary pressures. For businesses, the improved exchange rate performance has enhanced pricing certainty, reduced volatility in trading operations, and boosted planning capacity.
A sustained currency stability could lower transaction costs, attract reinvestment in trade, and strengthen Ghana’s competitiveness in regional and international markets. However, external risks, including fluctuations in global commodity prices and dollar strength, remain key variables that could test the resilience of the cedi.
